Monitoring Desk: Having close economic ties with United States, two Central Asian countries; Uzbekistan and Kazakhstan may follow US sanctions against Iran that US plans to impose against Iran in summer 2018, reports US media.
According to US media, Uzbekistan and Kazakhstan have economic interests in United States and will have problems with US relations if they do not follow proposed US sanctions against Iran.
Media reports suggest that Kazakhstan deals with several US companies through the Federal Reserve in New York while Uzbekistan is opening its economy through US markets and is winning a status of US focal country in Central Asia since President Shavkat Mirziyoyev resumed his office after the death of founding president Karimov.
James Dorsey who is a political analyst and senior fellow at Nanyang Technological University of Singapore, Kazakhstan and Uzbekistan believes that both the countries will strive to avoid sanctions or worsening ties with the US by seizing any extension in trade with Iran.
He added that the companies, whose dollar transactions go through the Federal Reserve in New York, will also try to maintain stability in relations with the US.
It may be recalled that US President Donald Trump announced on May 8 signed a presidential memorandum to re-impose “highest level of sanctions” against Iran if Tehran did not follow instructions to seize its nuclear program and leave Syrian war. Direct targets of US proposed sanctions will be oil and energy sector of Iran.
